is the return earned by someone who has forgone current consumption.
A)the present value
B)principle
C)an annuity
D)interest

Name: is the return earned by someone who has forgone current consumption. A)the present value B)principle C)an annuity D)interest
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

The return earned by someone who has forgone current consumption is interest. Interest is the compensation paid by a borrower to a lender for the use of their money.

Is the Return Earned by Someone Who Has Forgone Current